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2023
Flag → Flag
Exports $17.6MRnk 152 / 220
2023
Flag → Flag
Top Product $5.59MRefined Petroleum
2023
Flag → Flag
Exports $381MRnk 14 / 147
2023
Flag → Flag
Top Product $372MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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 GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
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GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
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GDP PC$20,765CURRENT US$
Rnk 63 / 196
2013-2023
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GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195

About

Spain-Guyana Trade: In 2023, Spain exported $17.6M to Guyana. The main products that Spain exported to Guyana were Refined Petroleum ($5.59M), Iron Pipes ($4.03M), and Industrial Food Preperation Machinery ($1.12M). Over the past 5 years the exports of Spain to Guyana have increased at an annualized rate of 26.5%, from $5.43M in 2018 to $17.6M in 2023.

In 2023, Spain did not export any services to Guyana.

Guyana-Spain Trade: In 2023, Guyana exported $381M to Spain. The main products that Guyana exported to Spain were Crude Petroleum ($372M), Rice ($3.85M), and Aluminium Ore ($2.59M). Over the past 5 years the exports of Guyana to Spain have increased at an annualized rate of 83.7%,  from $18.2M in 2018 to $381M in 2023.

In 2023, Guyana did not export any services to Spain.

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Spain exported €131k and imported €220M from Guyana, resulting in a negative trade balance of €220M. Between December 2023 and December 2024 the exports of Spain have decreased by €-371k (-73.9%) from €502k to €131k, while imports increased by €219M (21.4k%) from €1.03M to €220M.

Trade In December 2024, the top exports of Spain to Guyana were Other Edible Preparations (€71.3k), Plastic Pipes (€37.6k), Fermented Milk Products (€33.1k), Metal Stoppers (€31.5k), and Low-voltage Protection Equipment (€17.8k). In December 2024 the top imports of Spain from Guyana were Aluminium Ore (€637k), Rice (€420k), Electric Batteries (€329), Centrifuges (€107), and Commodities not elsewhere specified (€38).

Origins In December 2024 the exports of Spain were mainly from Asturias (€31.2k), Madrid (€27.2k), Burgos (€25.4k), Sin provincia asignada (€23.1k), and Vizcaya (€8.64k), while imports destinations were mainly Castellón (€145M), Vizcaya (€75M), Asturias (€662k), and Cádiz (€24.2k).

Growth In December 2024, the decrease in Spain's year-by-year exports to Guyana was explained primarily by an decrease in product exports in Fermented Milk Products (€-15.2k or -31.4%). In December 2024, the increase in Spain's year-by-year imports  from Guyana was explained primarily by an increase in product imports  in Commodities not elsewhere specified (€37.1 or 3.94k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)€-371k(-73.9%)
IMPORT GROWTH (December 2023 - December 2024)€219M(21.4k%)
MAIN EXPORTER (December 2024)Asturias€31.2k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Guyana and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $17.6M to Guyana. The main products exported from Spain to Guyana were Refined Petroleum ($5.59M), Iron Pipes ($4.03M), and Industrial Food Preperation Machinery ($1.12M). During the last 5 years the exports of Spain to Guyana have increased at an annualized rate of 26.5%, from $5.43M in 2018 to $17.6M in 2023.

In 2018, Guyana exported $381M to Spain. The main products exported from Guyana to Spain were Crude Petroleum ($372M), Rice ($3.85M), and Aluminium Ore ($2.59M). During the last 5 years the exports of Guyana to Spain have increased at an annualized rate of 83.7%, from $18.2M in 2023 to $381M in 2018.

Exports from Spain (Flag) to Guyana (Flag) (2023)

Exports from Guyana (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Guyana
Top DestinationUnited States$3.51B

This map shows whether countries import more from Spain or Guyana. Each country is colored based on the difference in imports they receive from Spain and Guyana or the difference in the growth in imports.

In 2023, countries that imported more from Spain than Guyana included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Guyana than Spain included Trinidad and Tobago ($1.9B), Singapore ($1.66B), and Suriname ($170M).

Difference in imports from Guyana (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Guyana

Flow
Scale

This chart compares trade between Spain and Guyana by product, considering products traded by both, Spain and Guyana.

During 2023, Spain had a large net trade with Guyana in the exports of Mineral Products ($6.01M), Metals ($4.98M), and Machines ($2.49M).

During 2018, Guyana had a large net trade with Spain in the exports of Mineral Products ($374M), Vegetable Products ($3.85M), and Machines ($1.9M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Guyana. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Guyana. Similarly, a dot/product with the flag of Guyana indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Guyana (Flag) (2023)

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